*

Hitt og þetta 14. júlí 2006

Net Asset Value(s)

Impax Environmental Markets plc announces that as at the close of business on 13 July 2006 its net asset value (NAV) was £130.319 million, representing an undiluted NAV per ordinary share of 99.57p. The diluted NAV per ordinary share (assuming full conversion of all outstanding warrants) was 99.10p.

The investments in the Company's portfolio have been valued at bid prices in the above calculations.

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